Comintel is a system integrator providing IT and communication solutions. For its third quarter ended Oct 31,2019, the company reported a net loss of RM1.05mil compared with a net loss of RM2.46mil in the previous corresponding period. (File pic shows a TV set exhibited at a Comintel booth at an exhibition)
PETALING JAYA: Practice Note 17 status company, Comintel Corp Bhd, has entered into a memorandum of understanding (MoU) with two parties to explore railway construction-related communications, system integration and support services jobs worth no less than RM115mil.
The MoU, which is between Comintel, Dhaya Maju Infrastructure (Asia) Sdn Bhd and the latter’s executive director, Datuk Seri Subramaniam Pillai Sankaran Pillai, is intended to form part of Comintel’s regularisation plan that needs to be submitted to the regulatory authorities by tomorrow.